Alabama § 40-9-39.5
Full text of Alabama Code of Alabama § 40-9-39.5, with citation guidance and answers to common questions.
§ 40-9-39.5.
(a) All of the following community foundation entities are exempted from paying any state sales and use taxes:
(1) The Black Belt Community Foundation.
(2) The Central Alabama Community Foundation.
(3) The Community Foundation of Greater Birmingham.
(4) The Community Foundation of Greater Decatur.
(5) The Community Foundation of Greater Huntsville.
(6) The Community Foundation of Northeast Alabama.
(7) The Community Foundation of South Alabama.
(8) The Community Foundation of West Alabama.
(9) The Limestone Area Community Foundation.
(10) The Walker Area Community Foundation.
(b) Each entity listed in subsection (a) shall file an annual informational report in a manner as prescribed by the Department of Revenue. The information on the reports shall be consistent with the information required by the Department of Revenue pursuant to Section 40-9-61 and rules adopted thereunder. Information provided pursuant to this section is exempted from the confidentiality provisions of Section 40-2A-10 and shall be provided by the Department of Revenue to the Legislative Services Agency, Fiscal Division, on an annual basis.
(c) The sales and use tax exemption authorized under this section shall be effective September 1, 2026, and shall continue through August 31, 2031.
(d) Any county or municipality may exempt the entities listed in subsection (a) from county or municipal sales and use taxes in accordance with Section 40-23-4.01.
Frequently Asked Questions About Alabama § 40-9-39.5
What does Code of Alabama § 40-9-39.5 cover?
Section 40-9-39.5 is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 40-9-39.5?
A common citation format is "Code of Alabama § 40-9-39.5" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 40-9-39.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.